Australia's largest stock trading and investment forum Australia's #1 stock forum

PCL

Click for more information

6.25%

1.5¢ pancontinental energy nl

General Thoughts, page-4906

First 4906 Last

Share
Profile

Follow
Cornhulio

1,517 Posts.

598

01/08/24

15:22

Post #: 75029178
Share

Originally posted by phx: ↑

Like you, I find WDS involvement in the last conference in the region and now this one as a very strong, positive, indication of their intent for PEL87.
Also, as you said, it gives them a good opportunity to build their own relationships in Namibia, helped by the PCL old boys
From the few indications of the analysis of the 3D, WDS may be working in the background to secure a rig.
Q1 or Q2 2025 for drilling does not worry me, I just want some news now to start sending the share price north.
Once we get past this seismic license, I think we will start getting a lot more info re the 3D and WDS position on their option.
I do not know, but it's possible that without the seismic license PCL and WDS are limited in what they can publicly release about its interpretation.
I'm still a bit unclear on what the seismic license does as we have already done the 3D.
Sitting at 1.7c is very disappointing. I thought the price would have come back to 2.1 / 2.2 by now.

Expand

based on this definition example the licence may have been initiated by WDS as the purchaser

https://www.lawinsider.com/dictionary/seismic-licence
https://www.lawinsider.com/dictionary/seismic-licenses

PCL Price at posting: 1.9¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ASX Market Open: Australia stocks to rise after Wall Street's mixed night following on-target inflation data | November 14, 2024

There are more pages in this discussion • 1,405 more messages in this thread...

First 4906 Last

Add PCL (ASX) to my watchlist

(20min delay)
Last 1.5¢		Change -0.001(6.25%)		Mkt cap ! $121.9M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$139.3K	9.170M

Buyers (Bids)

No.	Vol.	Price($)
16	8878968	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	1079880	3

View Market Depth

No.	Vol.	Price($)
16	8878968	0.014
17	7846975	0.013
8	8103333	0.012
5	5430769	0.011
4	3562599	0.010

Price($)	Vol.	No.
0.015	1079880	3
0.016	2032452	5
0.017	4388590	12
0.018	9005891	9
0.019	3135000	4

Last trade - 16.10pm 13/11/2024 (20 minute delay)

PCL (ASX) Chart